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The proposed merger was first announced in May 2018. Anchor Trust then employed 9,269 people and Hanover Housing Association 753. [3] The combined operation provides 54,000 homes for older people across almost 1,700 sites, employs more than 10,000 people, and operates in more than 90% of local councils in England.
Anchor was established in 1968 by Cecil Jackson-Cole, as Help the Aged (Oxford) Housing Association, to provide sheltered housing to older people. By 1972, the organisation had completed its first new-build properties and begun diversifying into both leasehold and rented accommodation.
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The Association managed almost 19,000 mixed tenure Retirement and Extra Care properties on more than 600 estates. [3] [4] The proposed merger of Hanover Housing Association and Anchor was announced in May 2018, and was completed successfully later the same year, creating Anchor Hanover Group. [2]
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The Anchor will close, likely for eight to 10 weeks, while crews open up the wall that separates the two sides of The Anchor, build new restrooms and reconfigure the layout to enlarge the kitchen.
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